Metals News
SMM Nickel Market Daily Review (2013-1-29)
price review forecast
08:58AM
Jan 30,2013
Source:SMM

SHANGHAI, Jan. 30 (SMM) – Jinchuan Group raised ex-works nickel prices by RMB 500/mt, to RMB 123,500/mt on Tuesday. In the Shanghai nickel spot market, mainstream traded prices of nickel from Jinchuan Group were between RMB 123,900-124,000/mt, and mainstream traded prices of nickel from Russia were between RMB 122,900-123,000/mt. During the afternoon trading hours, Jinchuan Group slightly hiked ex-works prices, but prices in the Shanghai nickel spot prices were not affected. Purchases from traders and downstream producers were limited, with quiet trading sentiment reported.

 

Jinchuan Group nickel price
Shanghai nickel spot price
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